Does Turkey Have a Special Trade Relation With the EU ? A Gravity Model Approach

@inproceedings{Antonucci2005DoesTH,
  title={Does Turkey Have a Special Trade Relation With the EU ? A Gravity Model Approach},
  author={Daniele Antonucci and Stefano Manzocchi},
  year={2005}
}
We apply the gravity model to Turkey’s trade flows over 1967-2001. First, we check whether this model fits Turkey’s geographical pattern of trade in goods. Second, provided that the model works, we assess whether Turkey already has a “special” trade relation with the EU, namely whether merchandise exchanges between the two parties exceed what the gravity approach predicts. The main findings are: i) the gravity model provides a good fit of Turkey’s trade patterns; and ii) despite the 1963… CONTINUE READING

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